• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Energy

Fuel Scarcity, long queues, high fuel prices, transport cost, worry Nigerians with 30 days to elections

Omono Okonkwo by Omono Okonkwo
January 25, 2023
in Energy, Exclusives, Sectors
Fuel scarcity: Locked filling stations, high prices, and transport fare hikes trouble Nigerians 30 days to elections
Share on FacebookShare on TwitterShare on Linkedin

Nigerians across the capital city of Abuja, Lagos, Port Harcourt, Akure, and other cities are lamenting over the fuel scarcity situation which seems to be getting worse barely one month to the country’s general elections.  

Nairametrics gathered that in Abuja, citizens are going through hard times when trying to purchase fuel for their cars and generator sets.  

High transport fare: Mr Gbenga Salako, a teacher in an Abuja private school, told Nairametrics that getting to his place of work in the Wuse district from his residence in Asokoro Extension has become difficult. According to him, the commercial drivers have increased the fare from N200 to N400 per drop.  

RelatedStories

FG orders filling stations to accept bank transfer, POS payments, threatens to sanction defaulters

Fuel scarcity looms as IPMAN threatens strike over N100 billion debt owed by NMDPRA 

February 24, 2025
Nigeria will maximise fossil fuels despite global campaigns for energy transition – Lokpobiri

“Deregulation of downstream sector prevented fuel scarcity during festive season” – Lokpobiri

December 29, 2024
  • “And that is on a good day. Whenever vehicles are scarce, the fares are even higher. On some days, many of these vehicles are in long queues trying to get fuel and the roads are full of passengers with only a few commercial vehicles at our service. We are paying more and the vehicles are few because of the long queues,” he said.  

The transport fare hikes have also affected some Nigerians who are determined to collect their permanent voters’ cards (PVCs) from their polling units. Some allege facing delays from electoral officials which have resulted in repeated visits to PVC collection centres without success.  

Locked filling stations: A district hospital staff in Abuja told Nairametrics that some filling stations are locked during the day and inquiries as to the reason why are usually met with silence from the filling station workers.

  • He said that the locked stations make the situation worse, making consumers create even longer queues at other open-filling stations. 
  • According to him, traders and business people lose many hours of productivity because of the queues, and some staff who work at private businesses are losing their jobs as a result of the effect of fuel scarcity on public transportation.  

The audacity of the ruling party to campaign: Kelechi Ndukwe, a fashion designer, told Nairametrics that she is appalled at the fact that the ruling party is still campaigning for Nigerians to vote for them in the upcoming elections.

  • According to her, the ruling party should resolve the fuel scarcity crisis that has been on since late 2022.
  • She said a lot of Nigerians are angry with the ruling party and will be reflecting that anger by exercising their voting rights come February 2023.  

Official price is denied: Nairametrics gathered that although the Federal Government has denied increasing the pump price of N165 per litre, filling stations are selling way above N165.

  • Some Nigerian National Petroleum Company (NNPC) Limited filling stations in Abuja are selling at N190 per litre.
  • Meanwhile, some regular filling stations are selling at N180 per litre and others are selling above N200 per litre.  

Are filling station managers innocent? A filling station manager at an Abuja-based filling station who spoke anonymously told Nairametrics that his fellow managers are sometimes involved in the black-market trade.

  • He said some managers lock up their stations at rush hour to sell the commodity through black market agents who are working for them.
  • He said they usually make a lot of profit from these black-market traders who sell to motorists and generator owners for as high as N600 per litre.  

Fuel subsidies questioned: If Nigerians are paying varying prices for fuel, what exactly is being subsidized? The World Bank has advised Nigeria to stop fuel subsidy payments. The Federal Government has announced that the payments will stop in the second quarter of 2023.  

  • During the 12th Kaduna State Council on Health meeting on Wednesday, January 25, Kaduna state Governor, Nasiru El-Rufai said that the Federal Government spent N6 trillion on fuel subsidy for six months, N4 trillion to subsidize the naira and N300 billion to subsidize electricity in 2023. 
  • He said that the money being spent by the Federal Government to subsidize electricity, petrol, and foreign exchange is no longer sustainable if the country must be able to tackle most of its socio-economic problems. 
  • He also noted that the N6 trillion on fuel subsidy is a quarter of the entire annual budget and that the amount is more than the entire budget of states and local governments on health this year. 
  • He urged Nigerians to decide to either support the removal of subsidies to enable the growth of other sectors of the economy or to allow it to continue for the benefit of a few individuals. 

 


Follow us for Breaking News and Market Intelligence.
Tags: Fuel scarcity
Omono Okonkwo

Omono Okonkwo

Omono Okonkwo is an accomplished Mass Communicator, with a remarkable track record spanning over a decade across various dimensions of the field. Her proficiency encompasses Print, Digital, and Broadcast Journalism, Copywriting, Research and Writing, Podcasting, Public Speaking, as well as a comprehensive grasp of Energy Markets. Her engagement in energy market coverage commenced officially in 2016, as she assumed the role of a country correspondent (Nigeria) with Natural Gas World, a subsidiary of Minoils Media based in Vancouver, Canada. Since then, Omono Okonkwo has consistently demonstrated excellence and left an indelible mark on the ever-evolving energy sector.

Related Posts

FG orders filling stations to accept bank transfer, POS payments, threatens to sanction defaulters
Energy

Fuel scarcity looms as IPMAN threatens strike over N100 billion debt owed by NMDPRA 

February 24, 2025
Nigeria will maximise fossil fuels despite global campaigns for energy transition – Lokpobiri
Energy

“Deregulation of downstream sector prevented fuel scarcity during festive season” – Lokpobiri

December 29, 2024
NNPC no longer owns 20% of Dangote Refinery, says Aliko Dangote
Energy

Fuel scarcity: Petrol available at our refinery, come and lift supply – Dangote tells NNPC, Marketers 

October 29, 2024
Transmission lines in Cross River, Rivers have been vandalized severally in over 2 months – TCN
Energy

Dangote Refinery’s price forecast sparks mixed reactions as petrol hits N1,000 per liter  

September 2, 2024
Proposed 5% levy on companies for community project might lead to exits – Afrexim Bank
Energy

NNPC finally admits debts owed to oil traders responsible for fuel scarcity  

September 1, 2024
PMS, NNPC
Energy

Fuel Scarcity: We no longer get products from NNPC, depots sell to us for N850 — Marketers  

August 20, 2024
Next Post

FG vows to enforce ban on aviation workers strike

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Exchange rate slumps to N1,586/$1 in official market—first decline since MPC meeting 
  • Nigeria set to contribute $100 million to ECOWAS Bank to boost regional development 
  • Trump strips Harvard University of right to enroll international students in the US 

Follow us on social media:

Recent News

Naira , dollar, exchange rate

Exchange rate slumps to N1,586/$1 in official market—first decline since MPC meeting 

May 23, 2025
ECOWAS Bank issues N175 billion bonds to boost economy of West African countries

Nigeria set to contribute $100 million to ECOWAS Bank to boost regional development 

May 23, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics